Smart door locks are widely available, and allow users to open & close a door without keys. Smart door locks can provide people with a high level of safety that is not provided by typical locks and alarms.
According to our (Global Info Research) latest study, the global Smart Door Lock market size was valued at USD 5566.6 million in 2022 and is forecast to a readjusted size of USD 21920 million by 2029 with a CAGR of 21.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Smart Door Lock key players include ASSA ABLOY, Allegion, Dormakaba Group, Spectrum Brands, etc. Global top four manufacturers hold a share over 15%.
Asia Pacific is the largest market, with a share over 70%, followed by Europe, and Americas, both have a share over 25 percent.
In terms of product, Electronic Cipher Locks is the largest segment, with a share about 50%. And in terms of application, the largest application is Household, followed by Commercial.
This report is a detailed and comprehensive analysis for global Smart Door Lock market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
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This report profiles key players in the global Smart Door Lock market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ASSA ABLOY, Allegion, Dormakaba Group, Spectrum Brands and Master Lock, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Smart Door Lock market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Electronic Cipher Locks
Fingerprint Locks
Z-wave Locks
Wi-Fi Locks
Bluetooth Low Energy Locks
Other
Market segment by Application
Household
Commercial
Others
Major players covered
ASSA ABLOY
Allegion
Dormakaba Group
Spectrum Brands
Master Lock
MIWA Lock
Samsung
Sargent and Greenleaf
Dessmann
Guangdong Be-Tech
Honeywell
SALTO
Tenon
Locstar
nello
Jiangmen Keyu Intelligence
Adel
Guangdong Level Intelligent Lock
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Smart Door Lock product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Smart Door Lock, with price, sales, revenue and global market share of Smart Door Lock from 2018 to 2023.
Chapter 3, the Smart Door Lock competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Smart Door Lock breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Smart Door Lock market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Smart Door Lock.
Chapter 14 and 15, to describe Smart Door Lock sales channel, distributors, customers, research findings and conclusion.
Research Data Source:
Primary and secondary research as two components of methodology applied: Primary research is based on online and telephone based survey, i.e. interviews with several key experts with different functions in the market – from industry, trade and customers, associations and external experts such as researchers. Secondary research is based on all kinds of publicly or commercially available sources, such as publications and further information published from industry (annual reports, company websites, press releases, industry journals and trade publications), relevant databases (government, patent, statistics, markets), scientific and technical writings for product information, scientific articles, and further paid data sources.
This study is based on analysis of information obtained continually since 2016 through our research regarding this industry, but updated through the recent months of 2022. During this period, our analysts performs interviews with authoritative and representative individuals in this industry, industry associations, import/export, and other. The interviews were conducted principally with:
- Manufactuers and their competitors
- Distributors, wholesaler, and agents
- Customers
- CEOs/ Marketing Executives
- Business Heads
- Industry Experts
- Technology and Innovation Directors
- Senior Managers
- Program/Project Directors
A full review of published information was also performed to supplement information obtained through interviews. The following sources were reviewed:
- Professional technical journals and papers
- Trade press articles
- Technical conference proceedings
- Product literature
- Company profile and financial information
- Additional information based on previous Global Info Research market studies
- Personal knowledge of the research team.
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